About Rollbit Coin
The Rollbit token (RLB) will be launched as an integral part of the upcoming Rollbit lottery. There will be no ICO for this token. Instead, Rollbit will airdrop RLB for free. Airdrops have been used throughout the history of cryptocurrencies to bootstrap growth, incentivise community development, and reward early adopters.
Get up to $200 for getting started
Sign me up
Trading Insights
Traders
5
Searched
10
Market Stats
Market Cap
₹6.56B
-20.77%
FDV
₹15.93B
Circ. Supply
2.1B RLB
Max Supply
5B RLB
Total Supply
2.1B RLB
Diluted Valuation
₹6.54B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹164.63M
538.64%
Volume (7D)
₹1.19B
Volume (30D)
₹4.49B
All time high
₹22.77
Price Change (1Y)
-43.05%
Additional details
Recent trends
The latest RLB price is ₹3.18. Compared to Rollbit Coin's value of ₹3.99 from 24 hours ago, there's been a -21% decrease, while the current price is -29% down from ₹4.43 which was recorded one week ago. Rollbit Coin's all time high is ₹22.77, which was reached on November 11, 2023. This is a -86% change from its price today.
The current circulating supply of Rollbit Coin is 2,059,398,850. This is 41% of its max supply of 5,000,000,000 RLB and 100% of its total supply of 2,059,398,850. The market cap is currently ₹6.56B, which is a result of multiplying the current price of Rollbit Coin(₹3.18) by the total supply(2,059,398,850 RLB). The fully diluted valuation of Rollbit Coin is ₹15.93B. The diluted valuation of Rollbit Coin is ₹15.93B.
Market details
RLB vs markets
↘ 59.31%
RLB vs BTC
↘ 64.74%
RLB vs ETH
↘ 20.49%
Tags
gambling
Network & Addresses
Network | Address | |
|---|---|---|
Solana | RLBxxFkseAZ4RgJH3Sqn8jXxhmGoz9jWxDNJMh8pL7a | |
Ethereum | 0x046EeE2cc3188071C02BfC1745A6b17c656e3f3d |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹3.18 | ↘ 20.84% |
1 Day | ₹3.99 | ↘ 20.84% |
1 Week | ₹4.43 | ↘ 29.38% |
1 Month | ₹5.70 | ↘ 45.03% |
1 Year | ₹5.37 | ↘ 43.05% |
FAQ
Rollbit Coin (RLB) is a utility token that was introduced as a crucial component of the Rollbit lottery. The token was not launched through an Initial Coin Offering (ICO), but rather, it was airdropped to existing users of the Rollbit platform. The supply of RLB is capped at 5 billion coins. The token is utilized as an entry ticket for the lottery, where holders have the opportunity to receive a portion of the casino's revenue. The prizes are derived from a revenue-sharing pool, where 20% of all the casino’s revenue on a daily basis accumulates over the course of each round. To participate in the lottery, RLB tokens must be staked in each round. Half of the 0.20% staking fee is burned, permanently removing it from the supply, which gradually results in a decrease in the number of tokens over time.
RLB functions as a utility token within the Rollbit platform. It is utilized as an entry ticket for the Rollbit lottery, where holders can receive a portion of the casino's revenue. To participate in the lottery, users must stake their RLB tokens. Each round of the lottery sees a portion of the staked RLB permanently removed from the supply, which aims to support the token's utility. The other half of the staking fees accrue to staked Rollbots, Rollbit's Non-Fungible Token (NFT) project. As more RLB is staked, this leads to a greater reduction in supply as a higher number of tokens are burned to enter the lottery.
The primary use case for RLB is as an entry ticket for the Rollbit lottery. By staking their RLB tokens, users can participate in the lottery and have the opportunity to receive a portion of the casino's revenue. Additionally, RLB tokens can be used to receive compensation by providing liquidity for RLB trading. The token also plays a role in Rollbit's 'Buy & Burn' program, where a portion of Rollbit's daily revenue from its Casino, Crypto Futures, and Sportsbook verticals is used to purchase and burn RLB, resulting in a decrease in the number of tokens over time.
Rollbit Coin was introduced as part of the Rollbit lottery, with the token being airdropped to existing users of the Rollbit platform. The token was not launched through an Initial Coin Offering (ICO). The supply of RLB is capped at 5 billion coins. Since its inception, RLB has undergone several changes. In 2023, RLB's catalyst for decrease in supply was migrated to a 'Buy & Burn' event. The token was originally available on the Solana blockchain, but due to bottlenecks associated with the Solana blockchain, Rollbit migrated RLB to the Ethereum blockchain where it operates today.
We update our Rollbit Coin to INR currency in real-time. Get the live price of Rollbit Coin on Coinbase.
The current market cap of Rollbit Coin is ₹6.56B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Rollbit Coin is ₹22.77. This all-time high is highest price paid for Rollbit Coin since it was launched.
Over the last 24 hours, the trading volume of Rollbit Coin is ₹164.63M.
Assets that have a similar market cap to Rollbit Coin include Spell Token, Initia, Flux, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Rollbit Coin is 2.1 billion.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Rollbit Coin calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.